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MBA Human Resource Management Competitive Exam MCQs – Practice Test 5 (Chapter 1)

Compensation Strategies and Practices MCQs with Answers PDF Download – Test 5

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Compensation Strategies & Practices MCQs – Practice Test 5 PDF Download

MCQ 21: The position such as administrative, professionals and executive are classified as:

  1. exempt employees
  2. non-exempt employees
  3. salaried exempt employees
  4. salaried nonexempt employees

MCQ 22: The group of all the jobs which have the same worth of job are classified as:

  1. non-exemption grade
  2. regression grade
  3. exemption grade
  4. pay grade

MCQ 23: The concept in which the pay for the jobs that require similar skills, abilities and knowledge without taking duties into consideration is called:

  1. pay equity
  2. pay exemption
  3. pay primacy
  4. distributive pay

MCQ 24: The payments made to employees for the amount of time in which the employee has worked are classified as:

  1. variable pay
  2. salaries
  3. base pay
  4. wages

MCQ 25: The compensation given with the base pay linked to individual team or organizational performance is classified as:

  1. variable pay
  2. salaries
  3. base pay
  4. wages

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